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April 29, 2022, 8:00 AM
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| Bloomberg: |
Sources: during Twitter deal negotiations, Elon Musk said he would be focused on the company's bottom line and floated the idea of cutting both costs and jobs — As he negotiated a $44 billion deal to acquire Twitter Inc., Elon Musk told bankers that he would be focused …
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CNBC, TechCrunch, Insider, The Guardian, Wall Street Journal, The Verge, Washington Post, Benzinga, New York Times, International Business Times, Tech Xplore, Hollywood Reporter, Financial Times, and Mashable
Tweets: @michaeldell, @ishaantharoor, @reckless, @kairyssdal, @dudejohan, @ivanthek, @danprimack, @lopezlinette, and @goldman
| Reuters: |
Sources: Elon Musk has lined up a new CEO for Twitter and told banks about ideas for monetizing tweets like charging a fee for quoting or embedding tweets — Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive …
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TechCrunch, Protocol, TNW, Financial Times, Coinspeaker, Benzinga, BGR India, International Business Times, and Bloomberg
Tweets: @somebadideas, @edbott, @stand_for_all, @proforganizer, @wavesblog, @davoyager, @venkatananth, @societyofhonor, @omarjsakr, @peterkwells, @peeotus8, @econreporter, @tomwarren, @ppavnr, @ianbetteridge, @business_today, @kirbeep, @upulie, @tyleraking, @andyboxall, @readkrystalhu, @alexhern, and @karissabe. Thanks:@readkrystalhu
| Rebecca Elliott / Wall Street Journal: |
Filings: Elon Musk sold roughly $4B worth of Tesla stock in two days after agreeing to buy Twitter, at prices between $870 and $1,000 per share — The Tesla chief executive reported selling more than 4.4 million shares on Tuesday and Wednesday — Elon Musk sold roughly $4 billion worth … | Business Wire: |
Apple reports Q2 revenue of $97.3B, up 9% YoY, $25B net income, up from $23.6B YoY, authorizes an additional $90B in share repurchases, and hikes dividend by 5% — Revenue up 9 percent to new March quarter record — Services revenue reaches new all-time high
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Macworld, Bloomberg, AppleInsider, Tech-pigułka, New York Times, Digital Trends, BGR, and MacRumors
Tweets: @jsnell, @jsnell, @neilcybart, @kirkburgess, @stevekovach, @asymco, @ryanreith, @inafried, @epro, @iansherr, @susanlitv, @benbajarin, @caro_milanesi, @neilcybart, @anthony, @neilcybart, @iansherr, @kfury, @darth, and @darth
| Kif Leswing / CNBC: |
Apple Q2 revenue: $50.57B from iPhone, up 5.5% YoY, $10.44B from Mac, up 14.7% YoY, $7.65B from iPad, down 1.9% YoY, and $8.8B from other products, up 12.4% YoY — - Apple's revenue grew nearly 9% year over year during the quarter ended in March. — But shares fell nearly 4% …
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MacRumors, 9to5Mac, The Verge, 9to5Mac, Wall Street Journal, Coinspeaker, Ars Technica, Six Colors, Fossbytes, iMore, iThinkDifferent, Transistori, iPhone Hacks, MobileSyrup, CRN, AppleInsider, iPhone in Canada Blog, TechCrunch, 9to5Mac, MacStories, Engadget, Axios, CNET, and AppleInsider
Tweets: @jsnell, @cnbc, @cnbcnow, @brandonbutch, @jsnell, @jsnell, @htsfhickey, @neilcybart, @neilcybart, @kantrowitz, @jyarow, @jyarow, @joannastern, @kifleswing, @alex, @neilcybart, @munster_gene, @munster_gene, @asymco, @neilcybart, @jimcramer, @samifathi_, @wsj, and @jsnell
| Reuters: |
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Silicon Republic, CNET, iMore, TechCrunch, The Mac Observer, Cult of Mac, Macworld, Billboard, Philip Elmer‑DeWitt, 9to5Mac, Variety, and iDownloadBlog.com
Tweets: @patrickmcgee_, @asymco, @greengart, @asymco, @daveleeft, @asymco, @caro_milanesi, and @patrickmcgee_
| Romain Dillet / TechCrunch: |
Snap announces Pixy, a $230 mini drone that can capture 2.7K videos and 12MP photos, syncs with Snapchat, and weighs 101g, available in the US and France — Meet Pixy, Snap's little flying companion. Pixy is a mini drone that can act as a camera sidekick when you can't ask someone to take a video of you.
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The Verge, Android Authority, Insider, AppleInsider, newsroom.snap.com, Bloomberg, FCC, Mashable, YouTube, Android Police, and Android Central
Tweets: @caseynewton, @mattnavarra, @pierce, @cszechy, @sabourmaryam, @libshipwreck, @hypervisible, @bigblackjacobin, @vadimyuryev, @droneanalyst, @casey, @harrymccracken, @dcseifert, @itsalexclark, @vjeranpavic, @reckless, @pt, @qwongsj, @brianroemmele, @alexeheath, @awallenstein, @joannastern, @alexhern, @alexeheath, @mgsiegler, @sarahintampa, @jetscott, @scobleizer, @kylebrussell, @martinsfp, @trevorcroker, @jaypeters, @mcproulx, @parkerortolani, and @mcwm
| Alex Hern / The Guardian: |
Snap CEO Evan Spiegel dismisses Meta's metaverse ambitions as “ambiguous and hypothetical” and says the word “metaverse” is never uttered in Snap's offices — Founder says his company is committed to augmenting the real world rather than replacing it
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Protocol, Insider, The Verge, Silicon Republic, Financial Times, The Information, and Reuters
Tweets: @liahaberman, @amaldorai, @mattnavarra, @mgsiegler, @mcwm, @ernestc_smitten, @jerrycap, @mr_derivatives, @tfadell, and @daveleeft
| Joanna Stern / Wall Street Journal: |
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newsroom.snap.com, ZDNet, Digit, Thinking Through, Fast Company, Sublink, and Input
Tweets: @jeremyburge, @heatherkelly, @petersterne, @teroterotero, @robaeprice, @counternotions, and @joannastern
| Romain Dillet / TechCrunch: |
More:
newsroom.snap.com and Tubefilter
Tweets: @richlightshed, @richlightshed, @anshelsag, @snapar, and @scobleizer
| Business Wire: |
Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2022.
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Reuters, DCD, Light Reading, Digital Trends, The Verge, Android Police, CNBC, and PYMNTS.com
Tweets: @thestalwart, @tcarmody, @thestalwart, @markdistef, @plantmath1, @unusual_whales, @jerrycap, @justin_hart, @pkedrosky, @tcarmody, @jerrycap, @trendspider, @epro, @garyblack00, and @delrey
| Annie Palmer / CNBC: |
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Wall Street Journal, New York Times, Android Authority, iTnews, Engadget, iPhone in Canada Blog, GameSpot, GeekWire, The Verge, SiliconANGLE, and Variety
Tweets: @quinnypig, @cnbcnow, @quinnypig, @quinnypig, and @carnage4life
| Yueqi Yang / Bloomberg: |
Goldman Sachs has extended its lending service to offer cash loans using Bitcoin as collateral, signalling Wall Street is further embracing cryptocurrencies — Goldman Sachs Group Inc. offered its first ever lending facility backed by Bitcoin, in a significant step for a major U.S. bank …
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CoinDesk, The Rabbit Hole⁸, Coinspeaker, TradingBTC.com, CryptoPotato, Cryptonews, Bitcoin Magazine, and The Block
Tweets: @johnhenderson, @muyaoshen, and @marcvanderchijs
| Jesse Pound / CNBC: |
Robinhood reports Q1 revenue down 43% YoY to $299M, vs. $355.8M est., net loss of $392M, down from $1.4B YoY, 15.9M MAUs, down from 17.7M YoY; stock drops 10%+ — Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter …
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GlobeNewswire News Room, Decrypt, The Block, Forbes, SiliconANGLE, PYMNTS.com, Bloomberg, Wall Street Journal, Associated Press, and Protocol
Tweets: @carnage4life, @unusual_whales, and @cnbc
| Malique Morris / The Information: |
Document: one-click checkout service Bolt's revenue has stalled and has been losing customers amid competition from PayPal and Shopify; Bolt is valued at $11B — Bolt, which develops software that online stores use to help shoppers pay with one click, started the year riding high … | Devin Coldewey / TechCrunch: |
Airbnb says its employees can work from home or the office moving forward and their compensation won't change if they move, unless it's to a different country — Airbnb is going all in on the “live anywhere, work anywhere” philosophy that much of the business world has been forced to adopt …
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ZDNet, CNBC, Silicon Republic, Airbnb Newsroom, Engadget, and The Home Office
Tweets: @bchesky, @bchesky, @bchesky, @scottbelsky, @rafat, @bchesky, @bchesky, @yashar, @alliekmiller, @bchesky, @mwstory, @andyboxall, @kevinnaughtonjr, @mikeisaac, @bchesky, @lynn_nothegger, @asianxjay, and @antoniogm
| Tracy Qu / South China Morning Post: |
Sources: China is preparing to end the regulatory crackdown over big tech and give the sector a bigger role to help boost the ailing economy — A symposium involving Chinese Big Tech has been scheduled after the Labour Day holiday to assure business leaders on the new direction …
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Wall Street Journal, Bloomberg, and Reuters
Tweets: @tradeflooraudio, @borlawbau, and @schuldensuehner
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